With a market cap of $20.5 billion, NiSource Inc. (NI) is a regulated energy holding company that provides natural gas and electric utility services across the United States. Operating through its Columbia and NIPSCO segments, the company serves millions of customers and manages a diverse energy portfolio that includes coal, gas, hydro, wind, and solar generation assets.
Shares of the Merrillville, Indiana-based company have outperformed the broader market over the past 52 weeks. NI stock has increased 21.7% over this time frame, while the broader S&P 500 Index ($SPX) has risen 17.5%. Moreover, shares of the company are up 16.6% on a YTD basis, compared to SPX’s 15.6% gain.
